CBD Energy Announces AU$1M+ Commercial Solar Installation

SYDNEY--(BUSINESS WIRE)--CBD Energy Limited, or CBD, (OTCBB: CBDNF) today announced that its
Westinghouse Solar subsidiary has finalized a contract to provide
commercial solar systems to nine aged care facilities in Australia. CBD
Energy Limited is a diversified clean energy company and leading global
provider of solar systems, having completed more than 17,000 residential
installations. CBD Energy Limited markets its residential and commercial
solar installations under the name Westinghouse Solar.

The size of the nine-facility installation is 522Kw. In total, the
multi-facility installation is estimated to generate 872,382 Kwh
annually, and save the customer approximately $85,000 per annum on its
energy bill. In line with CBD Energy Limited’s corporate model,
Westinghouse Solar will conduct a comprehensive energy assessment to
determine whether additional energy upgrades could further increase the
energy efficiency of the residence.

“We congratulate the owner of these aged care facilities on ‘going
solar,’ and leading the way on balancing care for their residents with
protecting the environment in which they live and providing for
long-term energy price certainty. Westinghouse Solar and CBD Energy are
proud to help our clients achieve their energy conservation goals,” said
Gerry McGowan, Executive Chairman and Managing Director of CBD Energy
Limited.

About CBD Energy Limited (OTC: CBDNF)

Established in 1989, CBD Energy Limited, or CBD, is a diversified
renewable energy company and a global leader in solar installations.
Powered by a management team with deep experience in the energy sector
and strong engineering capabilities, CBD is focused on the integration
of residential solar, commercial and industrial solar, small utility
scale solar and wind projects, in three principal markets - Australia,
the U.S. and UK.

Headquartered in Sydney, with principal regional offices in London and
New York, CBD has completed projects across four continents, in
countries as far-reaching as Australia, Fiji, Germany, Italy, New
Zealand, the UK and the U.S. CBD has installed more than 17,000
residential systems and developed large renewable energy projects such
as the 107MW wind farm in Taralga, NSW. CBD markets its residential and
commercial solar installations under the name Westinghouse Solar, using
the WESTINGHOUSE® trademark pursuant to an exclusive, long-term
worldwide license. For further information on CBD Energy Limited and
Westinghouse Solar, please visit:

This news release contains ‘forward-looking statements. Such
forward-looking statements can be identified by, amongst other things,
the use of forward-looking language, such as the words ‘plan’,
‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘estimate’, ‘project’,
‘may’, ‘would’, ‘could’, ‘should’, ‘seeks’, or ‘scheduled to’, or other
similar words, or the negative of these terms, or other variations of
these terms or comparable language, or by discussion of strategy or
intentions.

The forward-looking statements in this release include statements
regarding the estimated energy savings, among others. Such
forward-looking statements are subject to various risks, as well as
those set forth in the Corporation’s most recent Form F-1, as filed with
the U.S. Securities and Exchange Commission (SEC), and involve
assumptions, estimates, and uncertainties that reflect current internal
projections, expectations or beliefs. There can be no assurance that
such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. All forward looking statements contained in this news
release are qualified in their entirety by these cautionary statements
and the risk factors described above. Furthermore, all such statements
are made as of the date of this release, and CBD Energy Limited assumes
no obligation to update or revise these statements unless otherwise
required by law.